Sectoral Output Price Deflator for Transportation and Warehousing: General Freight Trucking (NAICS 4841) in the United States
Percent Change from Year Ago
IPUIN4841T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.00
Year-over-Year Change
-145.45%
Date Range
1/1/1993 - 1/1/2024
Summary
The 'Percent Change from Year Ago' measures the annual rate of change in a given economic indicator. This key metric helps economists and policymakers assess the health and direction of the U.S. economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This trend represents the year-over-year percent change in a specified economic time series, such as industrial production or consumer prices. Analyzing this annualized rate of change is crucial for identifying economic trends and informing policy decisions.
Methodology
The percent change is calculated by comparing the current value to the same month or quarter one year prior.
Historical Context
Policymakers and market analysts closely monitor this metric to gauge inflationary pressures, consumer demand, and overall macroeconomic conditions.
Key Facts
- Provides an annualized growth rate for economic variables.
- Helps identify persistent trends versus temporary fluctuations.
- Used to adjust for seasonal variations in monthly/quarterly data.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' metric measures the annual rate of change in a given economic indicator, such as industrial production or consumer prices.
Q: Why is this trend relevant for users or analysts?
A: This trend is a crucial indicator for assessing the health and direction of the U.S. economy, helping economists and policymakers identify persistent economic trends and inform policy decisions.
Q: How is this data collected or calculated?
A: The percent change is calculated by comparing the current value of an economic indicator to the same month or quarter one year prior.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this metric to gauge inflationary pressures, consumer demand, and overall macroeconomic conditions, which informs monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is typically released on a monthly or quarterly basis, with some delay depending on the underlying indicator. Users should be aware of any reporting lags or revisions when interpreting the latest figures.
Related Trends
Employment for Transportation and Warehousing: General Warehousing and Storage (NAICS 493110) in the United States
IPUIN493110W201000000
Labor Compensation for Transportation and Warehousing: General Warehousing and Storage (NAICS 49311) in the United States
IPUIN49311L020000000
Hours Worked for Transportation and Warehousing: Air Transportation (NAICS 481) in the United States
IPUIN481L010000000
Employment for Transportation and Warehousing: Scenic and Sightseeing Transportation, Land (NAICS 48711) in the United States
IPUIN48711W010000000
Hours Worked for Transportation and Warehousing: Other Support Activities for Transportation (NAICS 48899) in the United States
IPUIN48899L010000000
Real Sectoral Output for Transportation and Warehousing: Postal Service (NAICS 49111) in the United States
IPUIN49111T011000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUIN4841T051000000), retrieved from FRED.